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Denis MacShane, What would a government have to do following a 'NO' vote on the treaty? How much would it cost us and how would it affect our competiveness, wealth and security?
Asked by evenhand on Apr 24 2008 8:47:05 AM and supported by 15 members
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Answer

Saying ‘No’ to Europe would minimise Britain's economic clout, which is based on trade with Europe. Non-EU member states like Switzerland or Norway have to pay hundreds of millions of Euros to the EU for the right to trade. Their laws have to be in conformity with EU norms. The UK outside the EU would be without influence on the world stage and would be lose all the inward investment that comes here because we are in Europe.

1 comment
dominic at Jul 01 2008 12:00:00 AM But surely, as the Treaty has to be ratified by all 27 countries to come into force, a "No" vote would bring the whole thing to a halt and we couldn't be "isolated".

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